C-15Budget 2025 Implementation Act, No. 1
An Act to implement certain provisions of the budget tabled in Parliament on November 4, 2025
Government bill, introduced in the House of Commons on November 18, 2025
- Status
- Became law on March 26, 2026 · S.C. 2026, c. 3
What it does
Implements parts of the 2025 budget by changing taxes, banking, housing and rail rules, and creating new laws for school food and stablecoins.
What it does
- Changes income tax rules by expanding the small business share rollover, the disability supports deduction, the capital gains exemption, and several clean tech, research and investment credits.
- Ends or changes several federal tax measures, including the Digital Services Tax, the underused housing tax after 2025, and the luxury tax on subject aircraft and vessels.
- Creates an opt-in framework for Indigenous governments to levy their own sales tax on fuel, alcohol, cannabis, tobacco and vaping products on reserve or settlement lands.
- Creates a legal framework for a high-speed passenger rail network between Quebec and Ontario, including rules on approvals, land, expropriation, impact assessment and confidential Indigenous knowledge.
- Replaces the Consumer-Driven Banking Act with a new law and changes banking rules on data sharing, electronic documents, fraud controls, prudential limits and credit union growth.
Who it affects
- Taxpayers
- Businesses and corporations
- Federally regulated financial institutions
- Indigenous governments
- Housing providers
- Bank customers
- Rail project developers
- Students and schools
Background
The bill implements certain provisions of the budget tabled on November 4, 2025. It also repeals the Digital Services Tax Act and ends the underused housing tax and the luxury tax on subject aircraft and vessels.
Where it is
House of Commons
First reading
Completed.
Second reading
Completed.
Committee
Completed.
Report stage
Completed.
Third reading
Completed.
Senate
First reading
Completed.
Second reading
Completed.
Committee
Completed.
Third reading
Completed.
Senate pre study
Completed.
Royal assent
Royal assent
Completed.
Introduced by a cabinet minister on behalf of the government. Government bills get set time for debate, so they are the most likely to become law. How a bill becomes law
How the House voted
Concurrence at report stage of Bill C-15, An Act to implement certain provisions of the budget tabled in Parliament on November 4, 2025
Vote 82,
Passed
168 yeato163 nay
Party breakdown for vote 82 Party Position Yea Nay Did not vote Liberal Yea 168 0 1 Conservative Nay 0 133 8 Bloc Nay 0 22 0 NDP Nay 0 7 0 Green Nay 0 1 0 Total 168 163 Bill C-15, An Act to implement certain provisions of the budget tabled in Parliament on November 4, 2025 (report stage amendment) (Motion No. 81)
Vote 81,
Failed
30 yeato301 nay
Party breakdown for vote 81 Party Position Yea Nay Did not vote Liberal Nay 0 168 1 Conservative Nay 0 133 8 Bloc Yea 22 0 0 NDP Yea 7 0 0 Green Yea 1 0 0 Total 30 301 Bill C-15, An Act to implement certain provisions of the budget tabled in Parliament on November 4, 2025 (report stage amendment) (Motion No. 78)
Vote 80,
Failed
162 yeato168 nay
Party breakdown for vote 80 Party Position Yea Nay Did not vote Liberal Nay 0 168 1 Conservative Yea 132 0 9 Bloc Yea 22 0 0 NDP Yea 7 0 0 Green Yea 1 0 0 Total 162 168 Bill C-15, An Act to implement certain provisions of the budget tabled in Parliament on November 4, 2025 (report stage amendment) (Motion No. 55)
Vote 79,
Failed
22 yeato309 nay
Party breakdown for vote 79 Party Position Yea Nay Did not vote Liberal Nay 0 168 1 Conservative Nay 0 133 8 Bloc Yea 22 0 0 NDP Nay 0 7 0 Green Nay 0 1 0 Total 22 309 Bill C-15, An Act to implement certain provisions of the budget tabled in Parliament on November 4, 2025 (report stage amendment) (Motion No. 48)
Vote 78,
Failed
162 yeato169 nay
Party breakdown for vote 78 Party Position Yea Nay Did not vote Liberal Nay 0 168 1 Conservative Yea 133 0 8 Bloc Yea 22 0 0 NDP Yea 7 0 0 Green Nay 0 1 0 Total 162 169 Bill C-15, An Act to implement certain provisions of the budget tabled in Parliament on November 4, 2025 (report stage amendment) (Motion No. 44)
Vote 77,
Failed
155 yeato176 nay
Party breakdown for vote 77 Party Position Yea Nay Did not vote Liberal Nay 0 168 1 Conservative Yea 133 0 8 Bloc Yea 22 0 0 NDP Nay 0 7 0 Green Nay 0 1 0 Total 155 176 Bill C-15, An Act to implement certain provisions of the budget tabled in Parliament on November 4, 2025 (report stage amendment) (Motion No. 34)
Vote 76,
Failed
7 yeato323 nay
Party breakdown for vote 76 Party Position Yea Nay Did not vote Liberal Nay 0 168 1 Conservative Nay 0 133 8 Bloc Nay 0 22 0 NDP Yea 7 0 0 Green Did not vote 0 0 1 Total 7 323 Bill C-15, An Act to implement certain provisions of the budget tabled in Parliament on November 4, 2025 (report stage amendment) (Motion No. 1)
Vote 75,
Failed
30 yeato301 nay
Party breakdown for vote 75 Party Position Yea Nay Did not vote Liberal Nay 0 168 1 Conservative Nay 0 133 8 Bloc Yea 22 0 0 NDP Yea 7 0 0 Green Yea 1 0 0 Total 30 301 2nd reading of Bill C-15, An Act to implement certain provisions of the budget tabled in Parliament on November 4, 2025 (reasoned amendment)
Vote 53,
Failed
138 yeato196 nay · 2 paired
Party breakdown for vote 53 Party Position Yea Nay Did not vote Liberal Nay 0 168 2 Conservative Yea 138 0 5 Bloc Nay 0 21 1 NDP Nay 0 6 1 Green Nay 0 1 0 Total 138 196
What MPs said
Each party’s first speech on this bill in the House, from Hansard. Excerpts are the speaker’s opening sentences, unedited.
LiberalRyan Turnbull· November 20, 2025
“It is a great day in Parliament today, and it is my pleasure to rise to introduce Bill C-15, an act that would implement certain provisions of the budget tabled in Parliament on November 4.”
Read the full speech on openparliament.caConservativeStephanie Kusie· November 20, 2025
“I was very proud to speak this week at the Future of Energy Global Summit. Of course, the member for Lakeland would have been a much better speaker.”
Read the full speech on openparliament.caBlocMartin Champoux· November 20, 2025
“It is always an honour for me to rise in the House to represent the residents of my riding of Drummond. I do not know of any parent, any father or any mother, who would boast about feeding two of their children while leaving the other three to go hungry.”
Read the full speech on openparliament.caNDPDon Davies· November 25, 2025
“I rise today to speak to Bill C-15, the budget 2025 implementation act, no.”
Read the full speech on openparliament.caGreenElizabeth May· November 27, 2025
“I would love to say it is a pleasure for me to take the floor today to speak to Bill C-15, but it is the opposite of a pleasure. It is reliving a nightmare.”
Read the full speech on openparliament.ca
Read the source
LEGISinfo status: Royal assent received. Bill data from LEGISinfo, votes from openparliament.ca and the House of Commons. Last updated October 13, 2026.